Aave
Why Aave is down 1.1% in the last hour
Analysis
Aave (AAVE) slipped 1.1% over the past hour as sentiment remained pressured by fallout from the reported $294M KelpDAO hack, which CryptoPotato says triggered whale selling and a sharp prior drawdown in AAVE. The continued risk-off reaction and concerns about exploit-related contagion likely weighed on bids in the near term.
Contributing Factors (1)
Whales Are Bailing: Why AAVE Just Crashed 22% After the $294M KelpDAO Hack
Here's what happened after the largest security incident of 2026 to one of the used protocols.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.